EFFECT OF SELF-EFFICACY ON ENTREPRENEURIAL SUCCESS OF REGISTERED SMES IN KADUNA STATE
1 College of Agriculture and Animal Sciences Division ofAgricultural Colleges,Ahmadu Bello University,Mando Kaduna.
2 Department of Business Administration and Entrepreneurship, Faculty of Management Sciences, Kaduna State University
3 Department of Business Administration and Entrepreneurship, Faculty of Management Sciences, Kaduna State University,
* Corresponding author: samaharuna@gmail.com
2 Department of Business Administration and Entrepreneurship, Faculty of Management Sciences, Kaduna State University
3 Department of Business Administration and Entrepreneurship, Faculty of Management Sciences, Kaduna State University,
* Corresponding author: samaharuna@gmail.com
Abstract
This study investigates the effect of self-efficacy on the entrepreneurial success of registered Small and Medium Enterprises (SMEs) in Kaduna State, Nigeria. Specifically, it examines the
influence of three core dimensions of self-efficacy mastery experience, vicarious experience,
and social persuasion on business success indicators such as innovation, growth, and
sustainability. The research adopts a quantitative survey design, using a structured questionnaire administered to a sample of 384 registered SME owners. Data were analyzed
using descriptive statistics, correlation analysis, and multiple regression techniques. Findings
revealed that all three dimensions of self-efficacy significantly and positively influenced
entrepreneurial success, with mastery experience having the strongest impact. The results also
validated the relevance of Bandura's Social Cognitive Theory and Ajzen's Theory of Planned
Behavior within the Nigerian SME context. The study concludes that psychological capital,
particularly self-efficacy, plays a critical role in entrepreneurial performance. It recommends
targeted policies and training programs that strengthen experiential learning, mentoring, and
encouragement mechanisms among entrepreneurs in Kaduna State. These findings provide
valuable insights for entrepreneurship development policies in emerging economies.
Keywords
Self-efficacy
entrepreneurial success
SMEs
Kaduna State
mastery experience
vicarious learning
social persuasion
psychological capital.
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How to Cite
Haruna, S. A., Abdu, M., & Gambo, H. (2025). EFFECT OF SELF-EFFICACY ON ENTREPRENEURIAL SUCCESS OF REGISTERED SMES IN KADUNA STATE. Kaduna Business and Management Reviews, 6(2), 82-97. https://doi.org/10.68022/kbmr.2025.9qykpcad
S. A. Haruna, M. Abdu, and H. Gambo, "EFFECT OF SELF-EFFICACY ON ENTREPRENEURIAL SUCCESS OF REGISTERED SMES IN KADUNA STATE," Kaduna Business and Management Reviews, vol. 6, no. 2, pp. 82-97, December 2025. doi: 10.68022/kbmr.2025.9qykpcad